SHANGHAI, Feb 4- The yuan traded at its weakest level in four weeks on Monday after the central bank lowered its guidance midpoint rate following an overnight rise in the dollar.
SHANGHAI, Feb 1- China's yuan closed near a four-week low on Friday after the central bank appeared to intervene to weaken the currency in response to declines in the yen and other Asian currencies.
*Stability expected through Lunar New Year. SHANGHAI, Feb 1- China's yuan touched a nearly four-week low on Friday as the central bank set another soft fixing Of its official midpoint in response to weakness in the yen and other Asian currencies.
SHANGHAI, Jan 31- China's yuan closed slightly higher on Thursday, with traders saying weakness in Asian currencies is largely counteracting appreciation pressure from strong corporate demand. Despite this upward pressure, the People's Bank of China has held its daily midpoint relatively stable in recent days.
SHANGHAI, Jan 31- China's yuan was little changed on Thursday as traders said weakness in Asian currencies is counteracting appreciation pressure from strong corporate demand. Despite this upward pressure, the People's Bank of China has held its daily midpoint relatively stable in recent days.
European shares suffered their biggest daily drop this month after gloomy earnings and weak U.S. economic data hit sentiment on Wednesday and left some positioning for further falls in the near-term.
Asian stocks closed higher on Wednesday, with investors shifting their focus to corporate earnings in the region and the Federal Reserve's policy announcement later in the day.
Asian shares rose on Tuesday as recent selling drew bargain hunters ahead of more U.S. economic data and a Federal Reserve policy decision later in the week.
European equities touched fresh multi-month peaks on Monday, with technical charts pointing to a continued slow grind higher.
Japan's Nikkei breached the 11,0000 mark briefly as the yen continued to weaken.